Sky Italia subscriber base remains at 4.8 million
Wednesday, November 4th, 2009Earnings Release For The Quarter Ended September 30, 2009
NEW YORK, NY — News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today reported first quarter consolidated operating income of $1.04 billion, an increase of 9% compared with $953 million of operating income reported a year ago.
Direct Broadcast Satellite Television
SKY Italia reported first quarter operating income of $128 million, a decrease of $37 million versus the $165 million in operating income reported a year ago. Slight local currency revenue growth was more than offset by increased programming costs, reflecting a larger average subscriber base, higher soccer costs and the addition of 16 new channels over the year ago quarter. SKY Italia’s 4.8 million quarter-end subscriber base remained unchanged compared with fiscal year end, as gross subscriber additions in the quarter were fully offset by existing subscriber cancellations.
More: Earnings Releases
Latest News
- Amagi report shows rise of a diverse global FAST marketplace
- Broadpeak to power targeted advertising on new TF1 video service
- AA/WARC reports UK 2023 ad spend at £36.6bn
- FCC restores net neutrality
- Five leading TV stations launch NextGen TV in Portland, Maine
- U.S. digital video ad spend growing ~80% faster than media overall